Yorm is a grocery seller. Her husband is a farmer. Their income is $7 per day. She has four children. Three of her children are studying. Every month she has to spend $45 on food, $5 on electricity, $10 on school fees and $15 on other expenses. She would like to request a loan of $800 to buy grocery goods to sell. She has been doing this business for about 10 years. She started with only a few goods to sell. The income she gets from selling, she keeps to buy more goods to sell. Now her business is getting successful, so she wants to expand her career when she has enough money.
KREDIT Ltd. is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.
For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.